Factors influencing Temporary Car Insurance Costs

The cost of Temporary Car Insurance, like annual car insurance, is affected by several different details of the driver and the vehicle. Temporary Car Insurance is a separate, add-on policy that is often purchased online and whilst it does consider many personal and vehicle details that annual insurance also considers, it is generally less exhaustive in its collection of information than yearly insurance.

We will go through the most common and important factors that influence the cost of temporary car insurance:

1. Vehicle: The vehicle you are insuring is one of the most important factors in influencing the cost of temporary car insurance. The more valuable the vehicle, the more powerful the vehicle, the safety statistics and age of the vehicle are some of the biggest factors that impact the price for insuring a vehicle on a temporary basis. You can find out more about what car is the cheapest for temporary car insurance here.
2. Age: Age is an important factor that dictates how expensive temporary cover will be for you. In general, the younger the driver the more expensive the short term insurance will be. This follows the same pattern as annual insurance.
3. Location: Where you keep the car, where you live and where the car owner lives are all taken into account to assess the price for temporary car insurance. This includes where the car is parked overnight, such as on a driveway, in a garage or on the road.
4. Driving History: Claims, licence held length, points and convictions are factors that can influence the price of your temporary car insurance. To purchase you will need to supply your driving licence number and these details will be checked by any insurance company.

What does not influence the cost of temporary car insurance?

There are some factors that do influence annual car insurance prices but are not relevant for temporary car insurance. These factors include:

1. No Claims Bonus: NCB is not considered when you are purchasing temporary car insurance, which means the price will be the same whether you have 10+ years No Claims or 0 years No claims.
2. Mileage: Unlike standard insurance, the mileage on the vehicle or your annual mileage will not affect the price of your temporary car insurance
3. Occupation: Your job and industry is usually not taken into account with temporary insurance unless it is a very high risk industry, then some insurers will not insure you. Eg. Sports people, actors, celebrities.

If you want to find out more about how much temporary car insurance will cost you, you can check out our temporary car insurance calculator to get a quick idea of starting prices. Alternatively you can get a quick quote here in just 30 seconds.